[RonWhitm]

I recently tackled this task but didn't want to spend a day hunting for kerosene. I had a can of pneumatic tool oil someone had given me and I figured I probably wouldn't use it for anything else so I decided, why not try, won't be any worse off than before. It worked great. I see no reason why any super lightweight oil, like 3 in 1 or sewing machine oil wouldn't be good. It cleans the crud and lubes at the same time. Finish with a proper chain oil and your done in fine order. The terry towel idea is super, I whole heartedly recommend it for cleaning and oiling.
Ron